Madagascar - Gross domestic product per capita in current prices

507 (US dollars) in 2021

In 2021, GDP per capita for Madagascar was 507 US dollars. Though Madagascar GDP per capita fluctuated substantially in recent years, it tended to increase through 2002 - 2021 period ending at 507 US dollars in 2021.

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What is GDP per capita?

GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.

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What is Madagascar GDP per capita?